Paramount Gold and Silver Corp. arranges $9,000,000 Equity Financing

Toronto, Canada – (Market Wire) – March 4, 2009 – Paramount Gold and Silver Corp. (NYSE.A: PZG) (TSX: PZG) (Frankfurt: P6G, WKN: A0HGKQ) is pleased to announce an agreement in principal to make a non-brokered private placement of C$9,000,000 through the sale of 12,000,000 restricted units at 75 cents per unit. This placement is priced [...]